Miami International Holdings Reports May 2019 Trading Results for MIAX Exchange Group

PRINCETON, New Jersey, June 5, 2019 /PRNewswire/ — Miami International Holdings, Inc. (MIH) today reported the May 2019 trading activity for its three fully electronic options exchanges – MIAX®, MIAX PEARL™ and MIAX Emerald™ (together, the MIAX Exchange Group™). The MIAX Exchange Group collectively executed over 38 million equity option contracts in May for a combined average daily volume (ADV) of 1,727,481 contracts, representing a total U.S. equity options market share of 9.36%.

Trading Volume for MIAX Exchange Group,

Current Month

Year-to-Date Comparison

Equity Options Contracts

May-19

May-18

% Chg.

April-19

% Chg.

May-19

May-18

% Chg.

Trading Days

22

22

21

104

104

U.S. Equity Options Industry

405,895,497

366,176,065

10.8%

344,847,772

17.7%

1,807,942,528

1,916,627,076

-5.7%

MIAX Exchange Group

38,004,588

36,677,275

3.6%

37,074,375

2.5%

180,071,219

163,663,687

10.0%

MIAX

15,227,333

17,106,469

-11.0%

14,929,614

2.0%

74,635,031

86,037,614

-13.3%

MIAX PEARL

19,650,832

19,570,806

0.4%

18,750,520

4.8%

97,778,682

77,626,073

26.0%

MIAX Emerald

3,126,423

–

–

3,394,241

-7.9%

7,657,506

–

–

Equity Options ADV

May-19

May-18

% Chg.

April-19

% Chg.

May-19

May-18

% Chg.

U.S. Equity Options Industry

18,449,795

16,644,367

10.8%

16,421,322

12.4%

17,384,063

18,429,107

-5.7%

MIAX Exchange Group

1,727,481

1,667,149

3.6%

1,765,446

-2.2%

1,731,454

1,573,689

10.0%

MIAX

692,152

777,567

-11.0%

710,934

-2.6%

717,645

827,285

-13.3%

MIAX PEARL

893,220

889,582

0.4%

892,882

0.0%

940,180

746,405

26.0%

MIAX Emerald

142,110

–

–

161,631

-12.1%

73,630

–

–

Equity Option Market Share for MIAX Exchange Group,

Current Month

Year-to-Date Comparison

Equity Options Market Share

May-19

May-18

% Chg.

April-19

% Chg.

May-19

May-18

% Chg.

MIAX Exchange Group

9.36%

10.02%

-6.5%

10.75%

-12.9%

9.96%

8.54%

16.6%

MIAX

3.75%

4.67%

-19.7%

4.33%

-13.3%

4.13%

4.49%

-8.0%

MIAX PEARL

4.84%

5.34%

-9.4%

5.44%

-11.0%

5.41%

4.05%

33.5%

MIAX Emerald

0.77%

–

–

0.98%

-21.7%

0.42%

–

–

Other news and achievements include:

MIH

Announced that it had partnered with a number of industry-leading liquidity providers and market makers to launch a cash equities exchange under MIAX PEARL’s exchange license.

The press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities of Miami International Holdings, Inc. (together with its subsidiaries, the Company), and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer; solicitation or sale would be unlawful. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

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